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Re: None

Tuesday, 02/21/2012 7:10:38 PM

Tuesday, February 21, 2012 7:10:38 PM

Post# of 5090
This was a bold and classy move by the CEO. No stock goes straight up, let it churn through the supply. Worst case is they do 30c for 2012 and best case with funding is probably north of 50c. Slap a 10 PE on the worst case scenario and its a stock price far higher then the current one. And god forbid SPIN gets funded and we get a respectable multiple. When you have these dynamics you have a stock that continues to meander higher over time for no reason more then: There isn't a reason to sell it.


Ian Cassel
Founder of MicroCapClub.com